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Updated about 5 years ago,
I would love to hear your thoughts on Charleston, SC
I would like to know who here is investing in Charleston, SC?
I owned a house in downtown Charleston years ago and I now regret selling it. I don’t think it’s possible to find any deals on the peninsula now days.
West Ashley presents some lower priced properties within good proximity to downtown.
The areas where I think a deal can be had are in the North Charleston area. Specially The Neck is the area I see gaining the most appreciation. You can still pick properties up cheaply here and I forecast it will undergo gentrification in the coming years.
Further up, I think there’s good deals to be had in the outskirts of Park Circle and anything close to Amazon office and Charlestowne Square.
There are vast areas of North Charleston in the Opportunity Zone, so we will see a lot of development and money poured in.
There’s a number of large companies based in Charleston and it has a strong manufacturing and aviation sector. Statistics show that 43 people per day are moving to the Charleston area. I believe this growing economy is a good place for investment.
I would love to hear others thoughts.